Mitsubishi Electric Corporation provided consolidated earnings forecast for the fiscal year 2023. For the year, the company expects revenue to be JPY 4,770.0 billion (7% increase compared to fiscal 2022); operating profit to be JPY 270.0 billion (7% increase compared to fiscal 2022) and net profit attributable to company's stockholders to be JPY 215.0 billion (6% increase compared to fiscal 2022).